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FOX Business
Dec 18, 2012 11:00am EST
out of washington. we have boehner coming out with plan b. we are getting harry reid response saying that speaker banners -- boehner approach is very far away. the markets have managed to move back higher. there is a look at the nasdaq. the dow is a winner of about .5%. connell: let's follow up on this breaking news on the speaker of the house john boehner. dagen: richardson is live in washington, d.c. with what the heck. rich: the house will vote as early as this week to extend tax rates for those making less than a million dollars a year. house speaker john boehner says he is still negotiating plan a with president obama. the reason for the backup plan, speaker boehner says, after optimism, the white house is latest offer has soured the mood within republicans. >> it was essentially a $1.3 trillion in new revenues for only $853 billion in net spending reductions that is not balanced in my opinion. rich: there are substantial differences. the speaker is willing to allow a rate hike on those earning less than, excuse me, more than 1 million. speaker boehner wants a $1 trillion in spe
FOX Business
Dec 14, 2012 4:00pm EST
with an exclusive look at their latest cfo survey. how are cfos planning what washington can decide? liz: state across the country must decide today who will be setting of the mandatory health insurance exchange required by the health care act. the decision could have a big impact on your coverage and the prices you will pay and maybe insurance stocks. we will break down the numbers for you straight ahead. [ male announcer ] this is amy. amy likes to invest in the market. she also likes to ride her bike. she knows the potential for making or losing money can pop up anytime. th's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily.. or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung fu
FOX Business
Dec 16, 2012 11:00pm EST
, connecticut. nearly all of the senators and congress have left washington dc. from all over the country, there were outpouring of condolences and sympathy and there were senators and congressmen who sent out statements calling for gun control. in some cases with no political desions by many to politicize the tragedy. here are some of their names and what they said. congressman bobby rush said lawmakers can no longer be hel hostage by those who are opposed to reasonable gun control laws. congressman eliot engel of new york, the fact that we cannot pass sensible gun control in this congress is a blot on her reputation. and congressmen jery nadler saying that now is not the time to have a serious discussion abouand control, if not now, when would it be? at least 20 members of congress reacting with calls to restrict constitutional rights to bear arms. all over those calls coming from members of the democratic party. here is the number who chose to talk about mental illness. the disaffection of the mentally disturbed and ill. the importance of a strong family and how better to protect our s
CNN
Dec 5, 2012 2:00am PST
house correspondent dan lothian joins us live from washington this morning. very nice to see you, dan. >> good to see you. >> here's the deal. we have republicans pitted against democrats. now we understand there are issues amongst republicans as well. >> that's right. they're in a tough spot here. they don't want to be in left in a position of being blamed for the fiscal cliff. you're seeing a division between house members and senate members. the reason for this is mainly over the 800 billion in new tax revenue. this was part of john boehner and plan. those tea party-backed conservatives say this is something that would help job growth. clearly what we're seeing here is republicans are not speaking with one voice. >> republicans should not be conceding that the federal government needs more money, negotiating with ourselves and treating the president's proposal like it's serious. >> we do agree that 8% of the american people are getting about 80% of this tax cut shouldn't have their taxes raised. my suggestion was let's take the one area we agree and take it off the table. >> but zo
FOX Business
Dec 21, 2012 11:00am EST
are always relatively optimistic about the economy, but even after last night and what we in washington? >> sure. you know, yes, the fiscal cliff is coming. we have known him for a long time. the dow is still over 13,000. it is not just because the market thinks we have the great deal ever. tax rates will go up. we will have deficits, as far as the eye can see. by the way, we had pretty darn good news on personal income and spending and durable goods today. the economy is hanging in there, as well. connell: i thought it would be interesting to watch the close, because to me, maybe a deal is more likely after last night because the speaker, if anything, lost his leverage. how do you view that part of it? >> in the end, there is really an infinite number of outcomes. we believeethere is really just about 25% chance that we just go over the cliff unimpeded. the sequestration happens and all of the tax hikes. some kind of deal will probably get done. if the house were to pass that bill, it could go into law. it would keep dividend and tax rates from going higher. they just cannot reach a de
CBS
Dec 1, 2012 5:00am PST
unless washington gets its act together 90% of americans will see their taxes rise as a series of tax increase and spending cuts take effect. yet negotiations between the white house and congressional republicans are at a standstill. anna werner is in our washington bureau. good morning. >> reporter: good morning. unless congress comes to an agreement on the fiscal cliff it would mean a tax hike plus some $65 billion would be cut from the pentagon and other government agencies. both sides are hoping for a compromise. but so far all there's been is debate. >> i've been keeping my own naughty and nice list for washington. >> reporter: president obama took his fight to the public while visiting a toy company in pennsylvania where he warned republicans not to play scrooge. >> it's not acceptable to me and i don't think it's acceptable for you for a handful of republicans to hold middle class tax cuts held hostage. >> reporter: the white house proposal includes $4 trillion in deficit reduction, $400 billion in cuts to entitlement and $50 billion in infrastructure. john
FOX Business
Dec 21, 2012 1:00pm EST
the fiscal cliff. not just yet. they have not come to a solution in washington. that is front and center. we are also seeing a flock to the area that are safe. the dollar is higher. gold is higher. we are also -- there is a look at the dow jones one week. last friday we close that 13,135. we are still actually of about 30 points for the week. that is if we were to close right here. for right now, certainly, read on the screen because there is so much concern about washington. melissa: thank you so much. many believe the speaker in the senate, but it did notie -@even make it through the house last night. i next asked is not confident it will happen within the next year. >> we will see what the president says. after what has happened this week, it is not clear what the way forward is. it is more likely than not that we will grow into january without a deal. melissa: what does that really mean for the economy? >> it is to businesses to decide when they change their holdings. there is some spending programs that will be extended. they are uncertain about the outlook. there are a variety of ways
MSNBC
Dec 13, 2012 9:00pm PST
been posted by the "washington post" for tomorrow, and saying that it had become a distraction, that she wants to focus on her work and that clearly was not possible the way this had proceeded. i think that no one asked her to withdraw but they were unable, since she had not been nominated and the president was still obviously ambivalent between her and john kerry at this stage, they did not surround her with the kind of support she would have had if she had been a nominee. i think it's very clear from our reporting and from chuck todd's reporting that some of the top advisers in the white house, they were divided also, but some of the top advisers said to the president you do not need this political battle right now with the republican senate because this would stretch the benghazi investigation forever and it would mean that the confirmation hearing would be very difficult. they probably could have won it. but that it would be a distraction from the main act, which is to move on, create a cabinet, have a national security team and focus on the tax and spending debate, which i
NBC
Dec 26, 2012 4:30am EST
hawaiian holiday. he'll come back to washington tomorrow night. nbc's danielle leigh is live. >> reporter: richard, good morning. there. is still a hope that a deal can get done, but confidence in that bargain with real reform has all but disappeared. americans are already taking a good hard look at their wallets, as confidence the country will avoid the fiscal cliff diminishes. >> i don't think there's going to be a grand bargain before the end of the year. there is hope a deal will be cut. >> reporter: if congress doesn't extend expiring tax cuts in just days, middle income owners will owe uncle sam about $2,000 extra a year. retailers will cut back in automotive, apparel and entertainment. >> once people begin to pull back on that, the effect will be dramatic. >> reporter: the national retailers association said retailer its support 1 in 4 american jobs and if the downward turn intensifies. for those, the wait is excruciating. president obama visited troops in hawaii over christmas after a frustrating week on capitol hill. he and speaker john boehner about $100 billion. >> the presiden
FOX News
Dec 19, 2012 4:00pm PST
washington commission. this is not something where folks are going to be studying the issue for six months and publishing a report that gets read and pushed aside. this a team that has a very specific task, to pull together real reforms, right now. >> shepard: the president said the second amendment does guarantee an individual's right to bear arms. he believes the vast majority of gun owners in america are responsible. >> i am also betting that the majority the vast majority of law abiding gun owners would be the first to say that we should be able to keep a few law breaking. >> shepard: specifically the president is hinting at military style assault weapons and high ammunition clips. most americans support background checks before all gun purchases involving those private dealers. he addede need to work to make access to mental healthcare as easy as access to guns. and we need a closer look at a culture that glorifies guns and violence as he put it of course we have seen mass shootings over and over again. the president ticked off a long list today. and we have heard outrage and vows for
CNN
Dec 4, 2012 2:00am PST
because of the gridlock in washington over this fiscal cliff. christine, you had a behind-the-scenes look yesterday at what's happened. >> i interviewed the ceo of fedex about the fiscal cliff, energy securities, but along the lines of the fiscal cliff there were a lot of people at this event, gene sperling, an adviser to the president, roy blount, a republican senator from tennessee there as well. people are grim right now about where we are on the fiscal cliff. i asked the ceo of fedex, he employs people. he is shipping packages. he cares about the price of oil, price of energy, and he cares about the clarity of what's happening in washington. listen so what i asked him. >> as a ceo, when you're watching the fiscal cliff, how do you make decisions? is it irrelevant to your business if we go over the fiscal cliff? how does a ceo look at what's happening in washington and decide for next year? >> most of the ceos look at the situation in washington with complete amazement and dismay to be frank about it. the problem is the ideological pinnings on both sides of this argument are so difficu
FOX News
Dec 21, 2012 4:00pm PST
report" is coming up next. >> harris: this is the fox report. tonight, drama from washington to wall street. no deal on the fiscal cliff on this final friday before christmas. negative reaction from investors as the president speaking moments ago tries to calm the fray. plus, president obama making it official. >> i'm very proud to announce my choice for america's next secretary of state, john kerry. >> the president calling on the veteran massachusetts senator to fill secretary clinton's spot. plus in the wake of the new town shooting the national rifle association breaks its silence. >> out of respect for the families and until the facts are known, the nra has refrained from comment. >> harris: and the group's ceo placing some blame. >> we have flood soaked films out there. vicious, violent video games. >> and the nra offering a proposal, an armed officer in every single school in america. also, mexican police locked up this former u.s. marine months ago, accused him of trying to bring a gun into the country. >> a lesser person would have pleaded guilty. >> they chained him to a be
CNN
Dec 11, 2012 2:00am PST
washington. what's the the latest on the talks or the silence? >> the silence seems to be golden, john. remember last week when all the players involved seem to be posturing and positioning and talking about negotiations? not so much, at least in the past few days. we know president obama and house speaker john boehner had a one-on-one meeting, right, on sunday, their first since mid-november. what were the details from that meeting and from the ongoing discussions? they're not really -- both sides are not really being forthcoming with what the substance of those conversations, both sides yesterday, the white house and the republican leadership put out statements. they're essentially the same. i'll read just one from boehner's press secretary. discussions with the white house are taking place but we have no detail to share about the substance of those conversations. the republican offer made last week remains the republican offer and we continue to wait for the president to identify the spending cuts he's willing to make as part of the balanced approach he promised the american people.
FOX News
Dec 1, 2012 2:00am PST
putting partisan politics ahead of what is good for america. even the "washington post" is calling him out saying he has no intention to negotiate. writing: >> sean: let me repeat, the offer lacks any concessions. if you want the most recent concrete evidence of how irresponsible president obama is, you need look no further than his opening bid in budget talks. the proposal awd to republicans late yesterday courtesy of tax cheat geithner calls for the following: 1.6 trillion dollar tax increase, increasing rates on incomes over $250,000. 150 billion dollars in new public stimulus spending of which 50 billion would be spent next year. another extension in unemployment benefits, 30 billion. new power to raise the federal debt limit without congressional approval. in other words, an obama blank cheque. that is not all. he also wants the estate tax to be levied at 45% on inheritances a step even democratic senators are balking on this current is 35%. the obama offer contained no serious cuts, no serious reforms to entitlement programs and no serious proposals of tax reform this president had t
CNN
Dec 23, 2012 12:00pm PST
more likely every hour. washington's willingness to take america to the brink threatens its prosperity. this is about the latest movement in the negotiation between the democrats and republicans comes down to useless symbolic moves and haggling between grown men. your elected officials are wasting time while the clock ticks. house speaker john boehner announced his plan b to let bush-era tax cuts expire for earners making more than $1 million a year and he wants to set automatic spending cuts with unspecified cuts elsewhere. the speaker pulled his so-called plan b for lack of support from his own party because many republicans still beholden to grover nor quest and the ridiculous pledge want no compromise at all. the debate between the two sides centers around a balanced approach the budget. republicans say president obama wants too much revenue. that's taxes in normal speak and not enough cuts. >> at some point we're going to have to address the spending problem that we have. we can't cut our way to prosperity. we need economic growth. many believe the fundamental reform of our tax co
FOX Business
Dec 6, 2012 1:00pm EST
there to me, peter. >> that is right. the housing secretary cannot rule it out. washington is certainly closer to one after the latest audit of the fha fund has a capital reserve shortfall of $16.3 billion. the administration says it is too soon to say whether the fha will need treasury funding. >> can you assure us and the american people today as the secretary of hud and fha will not do that, or you don't know yet? >> senator, i wish i had a crystal ball and i could tell you we won't at the end of the year given the reports. obviously i am highly concerned about that possibility. >> to avoid a bailout agency is increasing fees and making other reforms. the administration says it will signal its intentions on the treasury bailout when it releases the 2014 budget in february and will actually decide to pull the trigger or not next september. lori: okay, peter, thank you. all of this heated discussion debate dying down by then. melissa: think your kid has what it takes to be the next oracle of omaha? lori: and he still go green and make a lot of paper? next. want to try to crack it? yeah, that'
FOX News
Dec 24, 2012 3:00am PST
is live in washington. >> good morning, gretchen and everybody. washington is shut down for the christmas holiday . when everybody does come back to town, the ball will be in the democrat's court because speaker boehner was unable to bring his on board. for the plan b. >> onous is on senator reid and the president to come up with a solution and present it to the house and get back to the bargaining table. >> now the president has insisted on a tax hike for the healthy but wants that at $250,000 or $400,000 and not one mill yen and even though the president scaled back his expectations for what can be accomplished some democrats said a grand bargain shouldn't be that hard to reach. >> we ought to take peeker boehner and the president's last offer and split the difference and it would be a package 2.6 trillion can couple that with 1.1 trillion and that would be close to four trillion needed to stabilize the debt and bring it down. >> the president and members was congress will return to washington wednesday or thursday and try to hammer out a deal. most likely a short-term deal to get us pa
MSNBC
Dec 19, 2012 3:00am PST
, as tragic as it is, brings us a little closer together both in the nation and in washington, that would be a good thing. >> all right. top of the hour. good morning. 6:00 on the east coast, it's wednesday, december 19th. christmas is almost here. >> very respectful dialogue. the nra had a respectful statement. i think a lot of people showing respect on this. >> feel something may be be happening. >> feel some grown-ups, maybe. there are, of course, exceptions. >> there are a few. we have mike barnicle with us. you're not an exception. beautiful piece in "the daily news" today. we'll read that in must read. thank you very much. former treasury officials. mark ratner is with us as well. he has a must read. i'm serious. >> beautiful. >> also in washington, washington anchor for "bbc world news america" katty kay. >> no pieces, sorry. >> you'll write one next time. thank you. so we've got a lot to get to this morning. >> a lot to talk about today. >> those exceptions, what are you talking about? >> just in the conversation about everything you thought there were two exceptions. >> rick perr
CNN
Dec 21, 2012 2:00am PST
live to washington. the very latest details. >>> and michael phelps' pick for the athlete of the year. this is a surprise. this guy, he never wins anything. good morning. welcome to "early start," everyone. i'm john berman. >> i'm zoraida sambolin. it's nice to have you with us. it is early, 5:00 a.m. in the east. the fury of the first winter storm is making holiday travel very difficult if not impossible. today new england is expected to get slammed by that storm. at least seven traffic-related deaths in four states are blamed on this crazy severe weather. as the storm barrelled through the plains and the great lakes, more than a foot of wet, heavy snow fell in parts of iowa and wisconsin. there were hundreds of flights canceled right at the height of the holiday travel, as you very well know. check this out. power lines sparking. look at that. and snapping. >> holy -- wow. >> and the storm's worst, 400,000 power customers in the region had no electricity. that number was down to 133,000 by yesterday afternoon. rob marciano, you are busy tracking it all at the cnn weather center in a
MSNBC
Dec 20, 2012 2:30am PST
that we all identify with every aspect of it. >> the other big story in washington and around the nation, in the wake of the newtown shootings, president obama says gun regulation will be, quote, a central issue of his second term. vice president joe biden has been tapped by the president to lead the effort and work with cabinet members on making recommendations before the president's state of the union address. the choice of biden makes sense given his extensive anti-crime portfolio as a long-time delaware senator. he helped to pass a ban on assault weapons in 149. he also received an "f" rating from the nra. he acknowledged that gun legislation alone would not solve the problem. >> we know this is a complex issue that stirs deeply-held passions and political divides. as i said on sunday night, there's no law or set of laws that can prevent every senseless act of violence in our society. we're going to need to work on making access to mental health care at least as easy as access to a gun. we need to look more closely at a culture that all too often glorifies guns and violence. and any
FOX Business
Dec 17, 2012 7:00pm EST
taxes. with the democrats in washington pay more attention if oprah threatened to turn in her passport? that's my two cents more. that's all for tonight's "willis report," and thank you for joining us. have a great night. see you right back here tomorrow. ♪ lou: good evening, everybody. a pounding deafening drum beat for gun control rising in the national media. imnating from washington, the president, and members of his party in congress. the tragedy, at sandy hook elementary school in newtown, connecticut, claimed the lives of 27 people, including 20 children understandably provoking calls for solutions, prevention of such bloodshed ever again. the dire to control the inexplicable and the unpredictable. >> are we really prepared to say that we're powerless in the case of such carnage? the politics are too hard? are we prepared to say that such violence visited on our children year after year after year is somehow the price of our freedom? lou: several democratic lawmakers echoing the president's sentimentses within only hours of the shooting pushing for second amendment restriction
CBS
Dec 7, 2012 7:00am PST
this morning." i'm charlie rose in new york. norah o'donnell is in washington. the northeastern coast of japan is still recovering from a devastating tsunami, less than two years ago. this morning, history threatened to repeat itself. >> that's right. a major earthquake struck in the pacific ocean overnight, setting off tsunami warnings in that same area that was hit so hard back in march 2011. lucy craft is in tokyo. lucy, good morning. >> reporter: good morning. this latest quake is just another reminder of how terribly vulnerable japan is to an assortment of natural disasters. memories of that triple tragedy in 2011 are vivid for all of us, but especially up in the northeastern coast of japan, which has yet to rebuild since last year's tragedy. here in tokyo, the 7.3 magnitude earthquake rattled windows and shook walls for several minutes. buildings swayed but there were no immediate reports of damage or death. there were ten injuries. off the northeast coast. sirens blaired as officials issued immediate warnings for residents to escape to higher ground. >> translator: i'm all right now. >>
CNBC
Dec 5, 2012 3:00pm EST
of a compromise on the fiscal cliff stalemate in washington. eamon javers standing by in a moment with information on a bipartisan letter from lawmakers that's. putting tax hikes and entitlement cuts firmly on the table. >> i'm bill griffeth. let's show you, and the charts tell the day's story, as it usually does. can you get when the president began speaking at business round table and we learned that at least 40 house republicans are breaking ranks to talk about anything, all possibilities as they said in an open letter. right now the dow is up 110, near the highs of the day. 13,062.59. the nasdaq is going the other direction. blame apple and overall technology having a tough day. down 13 points right now on the nasdaq at 2982. the s&p is holding with a gain of about five points. we'll have more on the markets in a moment. first, let's get to what's going on in washington. more republicans breaking ranks to join what we hope will be a bipartisan call for higher tax rates and entitlement cuts. eamon javers on capitol hill has the very latest details for us. eamon. >> reporter: hi, bill. that lett
ABC
Dec 3, 2012 7:00am PST
. great to have elizabeth vargas here. >> great to be here. >> it will be warm in washington today, but that high-stakes stalemate is not getting any better. that fiscal cliff, just 29 days until everyone's taxes go up and the white house and congress are absolutely deadlocked right now. >> both sides seeming farther apart than ever. both sides saying, it's your turn to blame. we'll see what happens. >>> also this morning, startling video. it's a little tough to watch but it is okay. it's a prank by a television host setting this magician's hair on fire. now, the magician is okay. he's recovering in the hospital. >> wow. >> what? >> but he is accusing the host of that show of a criminal act. looking at that videotape, it's hard to believe this was any kind of a stunt, as the host claims. >> hard to believe he's okay. >> thank goodness he's okay. >>> wow, also ahead on the show. very special guest today. heidi klum is with us live. here's what she was up to this weekend. looking so glorious. you remember that was supposed to be her halloween costume. hurricane sandy put it on hold a
ABC
Dec 20, 2012 7:00am PST
each other for the breakdown. abc's jonathan karl has all this from washington. all of the focus on speaker john boehner's fallback plan, what he is calling plan "b." >> reporter: that's right, george. talks have got son low, i would say this is the low point, that boehner is moving ahead with the backup plan that the president so opposes, he says he will veto. under plan "b" most of the tax cuts will be extended for those making over $1 million. for those over $1 million, the tax rates would go up. this could do nothing to address the issues. like spending cuts and the debt ceiling. democrats are calling this vote a waste of time. but, george, boehner is saying the president has a choice. support this plan or see a massive tax increase on virtually all americans after january 1st. >> yeah, they seem to think this is going to put the pressure back on the white house. but, jon, like you, i've been in touch with both sides overnight. and these talks right now are going absolutely nowhere. the chance that the country is going to go over that fiscal cliff are really rising. >> report
MSNBC
Dec 26, 2012 2:30am PST
time to avert the fiscal cliff before the new year. president obama will head back to washington tonight. danielle leigh is on capitol hill. good morning. does a deal still look doable? >> good morning. there is hope for a deal but confidence in that grand bargain reform has all but disappeared. americans are already taking a good hard look at their wallets as confidence the avoidance of the fiscal cliff diminishes. >> there is hope a deal will be cut. >> reporter: if congress doesn't oaks spire tax cuts in day, middle income earners will owe $2,000 extra a year. consumers are predicted to cut back in automotive, apparel and entertainment. >> once people decide to cut back on that, the effect is dramatic. >> reporter: the national retail federation says retailers support 1 in 4 american jobs and if the downward trend intensify, those jobs would be at risk. >> if retailers stop creating job, the economy as a whole will stop creating jobs. >> reporter: the wait is e excruciating. president obama visited hawaii after talks on capitol hill. they were $200 billion apart on a deal. >>
FOX News
Dec 20, 2012 3:00am PST
of the year. >> steve: not since mr. smith went to washington has the movie inspired the senate. harry reid rled it out. it is the end of the year. >> brian: it was incredible to watch the president have a 45 minute press conference and john boehner have a 45 second. >> steve: sometimes less is more . >> brian: they are not getting along. >> gretchen: one good message from the lincoln movie other than not getting assassinated. he set out what to do >> brian: he won over leaps and bounds in order to get a deal >> chris: he did. >> gretchen: that's what they are doing now. or trying tompt approaching the fiscal cliff. the democratic senate took the night off to watch the movie. doug is in washington with us. were you invited. >> of course not. you have to figure out the pop corn was free . the movie was free . we know that they love free stuff here in washington. free movie tickets may have been tough for the guys to resist. it is possible that watching the lincoln movie, may have inspired the members of congress. at the very least. we know that a minimum of 150 minutes last night. two and ha
FOX News
Dec 5, 2012 2:00am PST
report from london. >> christmas came last night to washington with the lighting of the capital christmas tree. >> 3, 2 rn, 1. >> over 10,000 lights covered the 65 foot tree called in from colorado, by the way. house speaker john boehner led the holiday ceremony and an eagle scout from colorado helped him flip the lights. a beautiful site at the capital. that is your 5@5:00. >>> democrats and republicans are in firm agreement on one thing. they are nowhere near a deal to avoid the so-called fiscal cliff. peter doocy is life in washington with more. >> republicans have had their proposal to avoid the fiscal cliff complete with 800 billion of new revenue over a decade on the table for more than a day now. it has yet to be publicly embraced by the slightest bit by any prominent democrats. because of that gop lawmakers are saying that means the white house wants to go over the fiscal cliff to make it a point. >> howard dean said it patti murray who ran the senator ideal committee. i think the presidency is a political victory for his party as they go over the cliff. i know republicans are con
CNBC
Dec 18, 2012 9:00am EST
. i want to get to washington with some of the latest headlines regarding speaker boehner and what eamon is referring to as plan b. >> what we know is the speaker is in the basement of the capital building here right now, meeting with republican lawmakers to brief them on the status of the fiscal cliff negotiation, and what a gop leadership aide is now telling news news is the speaker is now prepared to offer what he's calling a plan b, or a modified plan b in which we don't do the grand big deal that the president and speaker of the negotiating on, but instead do something much smaller that would eliminate the pending tax increases for all americans, the speaker saying that he would like to have some kind of a deal, a modified scaled-down proposal now that would eliminate those for as many people as he can. the details are very sketchy on what modified plan b actually means in practice. but basically, it's something he can keep in his hip pocket right now in case these negotiations with the president don't bear fruit. and presumably what we're talking about here, carl, is a little
FOX News
Dec 21, 2012 3:00am PST
>> steve: you have a schism in the republican party. they went to washington. look they are not going to raise on anybody and we'll cut thengs . you have the other faction . republican party saying look, we didn't do so well in the last election . we have to compromise with the president to get something done . that's why john boehner said i don't have a votes mr. #2: if you give me plan b i am vetoing in. republicans were saying we are giving you something and go home. they decided plan b will not pass . they are not coming back until after christmas. mr. boehner said i tried. you cut a trial. newt kning rich sat down with bill clenton and 30 days of one and one negotiation . he said it is time to go back to that. >> my advice to them have every single committee starting january 3rd hold hearings on every lempt waste in the federal government . let the country see all of the different ways to waste money to peck up on can congressman cantor. speaking is the problem and drive issue after issue . we would like to fix the tax rates, and any time the president and democrats want to talk
MSNBC
Dec 14, 2012 6:00pm PST
in washington, president obama has spoken to this issue before today. he has been called to speak to it mostly in response to tragedies like today. but when you look at his remarks combined over time in full, it's just a remarkable chronicle of not just what he has said. what he said must be done. but it is a remarkable chronicle of what has not yet been done. >> it is part of our nature to demand explanations, to try to impose some order on the chaos, to make sense out of that which seems senseless. already we've seen the national conversation commence, not only about the motivations behind these killings, but about everything from the merits of gun safety laws to the adequacy of our mental health system. and much -- much of this process of debating what might be done to prevent such tragedies in the future is an essential ingredient in our exercise of self government. >> i hope that over the next several days, next several weeks, and next several months we all reflect on how we can do something about some of the senseless violence that ends up marring this country, but also reflect on all th
CNBC
Dec 12, 2012 6:00am EST
are watching every move out of washington. the industrials opened higher by 45. the nasdaq would open higher by 10. the s&p 500 would open higher by six. >>> and the fed wrapping up its two-day meeting this afternoon. its latest policy statement is expected at 12:30 eastern. that will be followed by a news conference at 2:15 p.m. the fed is expected to announce a new round of bond purchases as its last program known as operation twist set to expire at the end of the month. we'll have special coverage at cnbc of the decision and ben bernanke's news conference starting at 12:15. we'll talk to steve leaseman live later in the program. >>> another story that you heard about yesterday, the -- you know, violence and death threats and blood and guts. big implications for big labor. that is michigan's decision to become a right-to-work state. thousands of protesters and union members converged on the capitol in lansing yesterday to object to the measure that would bar unions from requiring workers to pay membership dues and to join the union. governor snyder signed the measure into law. >> shouldn't
CNN
Dec 19, 2012 4:00am PST
determining that security at the physician facility grossly inadequate that leaders in washington ignored repeated requests to add personnel there and after the tragedy that claimed four american lives, there was a lack of transparency, responsiveness, and leadership at the senior levels in libya, and in washington, d.c. our foreign affairs reporter elise lab bot live in washington this morning. what happens next after this report? >> well, soledad, the panel made about 29 recommendations for the state department to get working on. let me go over a few of them quickly. first of them is to strengthen security personnel for the high-threat post. one problem, the consulate relied on temporary, inexperienced staff and local militias not up to the task. they called for tighter securities at facilities and upgrades. a review of fire safety procedures. smoke inhalation killed ambassador stevens and sean smith. and in-depth checks of the threat environment. a big criticism, the state department failed to recognize the deter yoreating security situation, even in the face of other attacks leading u
CNBC
Dec 13, 2012 6:00am EST
-year, and this, when we used to go and see greenspan down in washington, he said everything else you have on your ticker, i need to see the 10 year. i need to see that every morning. nothing has happened in the ten year for the last -- i don't know. it's just not as interesting as it used to be to watch. when it's manipulated, it's not that interesting. >> one of the things about qe is that it's volatility. and you have seen implied vols down in all asset classes, including bonds. >> because things normally are volatile, that just shows us once again this is not letting things -- letting the chips fall where they may. >> yeah. i think it's baked into the cake. >> but i think he's on to something. the fact that the fed is there, the fact that the fed is trying to get ahead of the fiscal cliff and we've got these big bond buying programs. and the last time, remember, in august of 2011 when we had the last showdown, what happened? bonds rallied. >> and you said you want this to be fixed. you almost need the markets to be more volatile than they are. >> that's one of the theories that people have thr
CNBC
Dec 13, 2012 9:00am EST
of credit to the fed, perhaps, but also feel the debate shifted yesterday in washington. i began to hear way too many people say, you know what the president is curiously unengaged when it comes to cuts. i have always felt the president had the upper hand in this debate. i listened to bernanke and bernanke says, listen, i know they aren't going to come to deal. i see a lot of republicans on air saying we start to understand what they are they want as cuts. not hearing anything from the president. made me feel grim about the fiscal cliff, good about what the fed wants to do, very grim about the power of the fed, beyond what it's already done. >> the "wall street journal"/nbc news poll of americans about the fiscal cliff, some very interesting findings, just to that point, jim, two-thirds polled want congress to strike a deal and cut the budget, even if that means social security and medicare cuts. so, according to this poll, the people are saying, yes, go ahead, cut entitlements and say that obama has a mandate, among those that did not vote for obama, they have -- that they say that there is
CNBC
Dec 14, 2012 9:00am EST
big thing is no vacation without legislation. >> right. >> the "washington post" said as of last night, the halls of the capital were virtually deserted. >> cody's the only guy working there. that's embarrassing, isn't it? >> the president is scheduled to go to hawaii a week from today. >> it's boehner and obama. >> there are things, there's a telephone. understand, they have phone service in ohio and hawaii. >> there's an urgency here that dave cody gets. why? because he has said, i'm not hiring until we get this stuff fixed. now, why doesn't that -- well, everybody, the job, small business job creator. come on, man. honeywell hires. that means other towns do great. that means you get into a very virtuous cycle mode. david, it is not about the small businessman. the little businessman doesn't do well unless the big businessman does well. >> who are they selling to? >> honeywell just hired 200 people. >> no doubt about it. >> the opening bell here at the new york stock exchange for a friday. top of the screen, the s&p 500. nasdaq, avago technologies. >> single-family rentals, homes for
CNBC
Dec 12, 2012 9:00am EST
or the "washington post." 180 degrees. >> what did he mean? >> there's plenty for conspiracy theorists today. ties to all the central banks all around the world, they have these secret dinners every couple of months. as if the fed needed more distrust among fed watchers, right? >> i havend the privilege last r of going to a dinner with fisher, who is crucial -- you look at the diagram. this is just an alumni association that has allowed other people in. this is an m.i.t. thing. fisher is regarded as being the man who saved east asia in the '90s. you know, these guys have been more than upfront that there's a club. i think it's just being written about for the first time. >> yeah. mark, the consensus is $45 billion in monthly purchases of treasuries. that's what's expected. if we don't get that, a lot of market analysts believe that the markets will be extremely disappointed. this off of a string of gains. the first five-day winning streak for the dow since march. the dow, in fact, is at, what, the highest level since october 22nd. s&p the highest level since november 6th, which, of course, was the
FOX Business
Dec 17, 2012 11:00am EST
and their families. >> that is always necessary. connell: thank you. it is great to see you. the more washington delays, the more we could all be paying. the irs at risk. if that happens, it could send us into recession. dagen: at the lowest gas prices we have seen in years. it has not been this good for drivers for, well, about a year. still up almost $88 a barrel. ♪ >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information and they can open bogus accounts, stealing your credit, your money and ruining your reputation. that's why you need lifelock to relentlessly protect what matters most... [beeping...] helping stop crooks before your identitis attacked. and now you can have theost comprehensive identity theft protection available today... lifelock ultimate. so for protection you just can't get anywhere else, get lifelockltimate. >> i didn't know how serious identity theft was un
FOX Business
Dec 6, 2012 9:20am EST
. stuart: i won't do it to you. thank you. washington state and colorado bill to legalize marijuana for recreational use, but the feds say not so fast. tommy chong to as the company later this hour. does he think federal agents will intervene? another obama carry current forces chain restaurants to post calorie counts on their menus. that will cost the chain like tom as billions of dollars. the company ceo says, there are 303 million ways serious, 303 million ways to sell a domino's pizza. coming of the way to put calories and a menu for 303 million varieties is a little difficult to read what you make of this? >> news flash, pizza has a lot of calories. you can find this information out on google. anybody who is dying like to try to knows about calories. what did they have to posted in the restaurant? you can easily get that information elsewhere. stuart: why is this requirement in obamacare? what has the killer accountant to do with my health care delivery system? >> this might be an attempt to preventive medicine. stuart: that's your rationale? that's all you have to say? >> a dr
FOX News
Dec 20, 2012 2:00am PST
. >>> doug luzader live in washington. thank you. >> that leads us to today's "look who's talking." she says it has been three months since the deadly attack in benghazi and no one is held accountable especially the terrorists that were involved. >> we have not done anything to capture or kill any of the terrorists who under took this action who killed our people. that's in large part because we have no interrogation program, because we are treating this like a law enforcement matter because the fbi is asking nicely can we get access to the one person who seems to be in custody, tunisians. but we have done nothing to bring anybody to justice for these murders. this is a 4 part scandal and coverup. neither the president nor the secretary of state has given anybody a true or full accounting of what happened and what they knew and what they knew it. >> as mentioned earlier hillary clinton is expect to do testify on the benghazi attack in mid january. she may be retired from her post by that time. >> five more victims of the sandy hook masses kerr will be played to rest. katherine hubbard, ann m
ABC
Dec 4, 2012 7:00am PST
. >>> also at home, new developments in the tax showdown in washington. a deal has to get done by january 1st or everyone's taxes will go up. we'll talk about what it will take to get negotiations back on track. >> republicans had their proposal yesterday. we'll see what the reaction is. >>> also, take a look at this video. is this the real-life grinch who stole christmas. the man caught on camera stealing christmas decorations. letting the air out of the whole thing. we'll get more on that in just a moment. >>> also, jessica biel here live. what's life like right now being married to justin timberlake. also, a new movie, on the way, "playing for keeps." so much to talk to her about today. >> that is coming up. >>> let's go to lara, live, all morning long, at buckingham palace with the latest details on the royal baby. good morning, lara. >> good morning, george. what a joy to be here on this day of celebration here in england. folks cheering and giving a thumbs-up as they pass. buckingham palace behind me. and the papers shouting out the great news. there's the picture on "the times." "we're
ABC
Dec 21, 2012 1:40am PST
a real cliffhanger. members of the house are now leaving washington, now that a republican plan offered by house speaker john boehner, called plan b, was put aside. it simply did not have enough support to pass. boehner's plan would have raised taxes on those earning more than $1 million a year. after pulling the bill, boehner said it's now up to president obama and the senate to find a way to avoid the cliff. so there's no way to get a plan through the house based on republican support. that is the political lesson from this. but the day before, they said this is going to pass and then yanked it because the support in that chamber was not there. so i don't know quite where it goes from here. no one does. and now it's time for christmas break. so they get back and have less than a week to get something done before january. >> and the president isn't going to hawaii now, right? >> the last i heard, it was still up in the air. you can't imagine he would have a vacation now. or any of them shouldn't have a vacation now. but we don't know. so cliff hanger is the right word for sure. >>> now
NBC
Dec 10, 2012 7:00am EST
in washington, including secretary of defense leon panetta and president barack obama who in a statement said he gave his life for his fellow americans and he and his teammates remind us once more of the selfless service that allows our nation to stay strong, safe and free. the american navy s.e.a.l. sacrifice has not been lost on dr. joseph's family who, in a statement released their condolences. >> atia abawi in kabul, thank you. >>> the deejays who have made that prank call to the hospital where the duchess of cambridge had been staying have just learned that their show has been canceled after they made a public statement last night. >> reporter: since that interview, we learned that their show will be canceled and prank calls, like the one they made to this hospital, are being suspended by the radio station they work for. worldwide, the storm grows over kate middleton's nurse found dead last week. >> if we played any involvement in -- in her death, then we're very sorry for that. >> reporter: in tears today the australian deejays who made a prank call to kate's hospital, they have been subje
CNBC
Dec 18, 2012 3:00pm EST
. the more wall street washington is rising above, the higher the market goes. >> rejection of how john boehner's plan "b" thatty had came out with today. the major averages are all trading around two-month highs today because it seems like progress is still being made on some kind of a deal. here's where we stand right now. the dow up 98 points, was up 125 at the high, and then the white house rejected and some comments by senate majority leader harry reid on that so-called plan "b" proposal from john boehner, sort of took some of the wind out of the sails. nasdaq still up 1.25%, a 3348 and the s&p 500 index is up 12-plus points right now at 1443. >> while the dow on pace for the first back-to-back triple-digit gains in nearly five months. can we hold on for the final hour? >> let's talk about that in our closing bell exchange. carol roth, the author of "entrepreneurial equation" is with us. from chicago, keith springer from springer financial adviser and john carpina is on the floor with us, and rick santelli, of course, is in chicago as well. carol, you've been skeptical about this m
CNN
Dec 21, 2012 4:00am PST
in washington. a rough friday before christmas. is the fiscal cliff already here? >>> church bells will ring 26 times for the victims in sandsy hook. one week after the terrible tragedy. >>> friday, december 21st. "starting point" begins right now. >>> good morning, a major political blow for house speaker john boehner, one that will affect his position. house republicans abandons him, and it forced the speaker to cancel a vote on plan "b" which would have extended bush tax cuts on incomes below $1 million. congressional correspondent dana bash there was and watched it unfold. walk us through what happened? >> it really was stunning. that is the perfect word, soledad. i was watching all day, talking to republicans to try and figure out if the speaker had the votes. really hard to imagine he was so far out. so far out on this being a strategy. republicans want to prove that they won't let things go up. i was watching earlier votes. watching the speaker's team on the floor, trying to twist arms and trying to get republican votes, and clear from the expressions on their faces it was not going well
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